How it Works
Payday loans are small loans, paid into your bank account on the same day you apply. Giving you money and peace of mind, in an emergency.
They can be used to pay for practically anything, from MOT repairs, utility bills to a romantic weekend away. Whatever you need the loan for is up to you.
How payday loans work
Borrowing from Payday Power is simple and fast!
With high acceptance rates, we can give instant online decisions, without the need to email or fax us any additional documents in most cases. Money can then be deposited into your account on the same day you apply - hastle free!
It literally takes minutes to get a payday loan with us.
All you need to do is:
- Fill in our simple application form and press “Submit”
- We will compare your details against all the major payday lenders in the UK
- In less than a minute we will tell you if you have been approved*
- Once you’ve been approved, then enter your bank account details (so we can pay you) and debit card details (so you can repay us on your payday) and press “Submit”*
- Your loan agreement will be displayed online for you to sign
- We will transfer the funds the same working day. Please be aware that some banks do take a further 48 hours for the funds to clear.
* Occasionally when we are unable to confirm all details automatically, we will ask you to email or fax in simple documentation for us to be able to approve your loan such as a payslip or proof of address.
Should I get one?
Payday loans are ideal, if you need money fast and can repay on your payday.
Payday loans allow you to:
- Pay 'Final Demand' or emergency bills
- Pay for emergency medical or dental treatment
- Take your partner away for romantic weekends
- Have extra spending money for your holiday
- Pay your MOT – just in time!
- Do anything you wish, its your choice - no questions asked
- Buy a bargain sofa before the sale ends
- Anything else you really need the money for
How much money can I borrow?
You can borrow from £80-300 depending on how much your particular application, although you are more likely to be approved, the less you want to borrow. After your first loan with us you could borrow anything up to £750 in later loans.
To find out how much you can borrow, complete our fast payday loan application form Today!

Our charges are £25 per £100 borrowed – simple!
There are no hidden or administrative costs to set up the loan.
Repaying your loan
The repayment is debited from your debit card on your next payday or agreed repayment date for the agreed amount – that's it and nothing else for you to worry about.
What if I have a problem repaying? Can I defer repayment?
We understand that some people will need to roll over the money they borrow for a second month. This is called a deferral. You will have to repay the charges and we suggest you pay as much as possible to reduce further charges.
If you feel you may need to defer your loan, please contact our customer services team, where one of our dedicated advisers will be pleased to help you, or visit the 'Existing Customer Login', given to you when you apply online.
Payday Loan
What are they?
Cash Advances? They are quick small loans, up to £300. They are paid into your bank account and are repaid on your payday. Payday Power loans/Same Day Money are 100% online, so you get an instant decision with no documents to fax. Bad credit is accepted as your current situation is more important. Money can be deposited into your account on the same day you apply.
Rules
You need to be:
- Over 18 years old
- Employed full or part-time
- Take home more than £750 a month
- Have a bank with a valid debit card
Our Charges
We charge £25 for every £100 borrowed and nothing more!
Typical APR 1737%
Repay on your payday.
Get Paid Today!
- Borrow £80 - £300 Today
- Bad Credit OK
- Fastest UK Loans Online!

